BTC ANALYSIS March 7 - The implicit buy signal helped BTC quickly return to around the 68k price level and Altcoin had a strong price increase in line with the scenario I gave yesterday. Please refer to today's BTC commentary!* On frame D1: Yesterday's candle D1 increased in price again after the previous shake out. It shows that the buying pressure below is very strong. - Yesterday's D1 candle was completely inside the previous candle, forming an Insidebar candlestick pattern, which shows the accumulation of price compression in preparation for the next strong fluctuation. .- BTC chart structure on D1 is increasing, short-term buying pressure is strong => From my perspective, it is possible that after BTC accumulates, it will break out of the Insidebar model to the upside.* On H4 frame: After the shake out swept the price down, yesterday BTC had a rapid push up. However, yesterday's price push did not break through the peak, so it formed a cumulative sideways state on H4. - With strong buying pressure in the short term, the main thing is still to wait to buy if BTC price returns to the support zone. under.

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